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New Deal


Announced

Completed

Alpha Wave Ventures, Tiger Global Management and Softbank Vision Fund 2 led a $325m Series G round in OfBusiness.

Financials

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Transaction Value£245m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

Private Equity

Venture Capital

FinTech

India

financing services

Acquisition

Private

Completed

Friendly

Minority

E-commerce

online marketplace

e-commerce

Synopsis

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Alpha Wave Ventures, Tiger Global Management and Softbank Vision Fund 2 led a $325m Series G round in OfBusiness, an industrial goods and services procurement platform. The company will use the funds to penetrate deeper into supply chains on the commerce side, while also building out technology for its SAAS solutions and financing engine.

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